Lessons from golf for the astute investor
Patience, resilience and the ability to learn from every shot are the hallmarks of a champion – on the course and in finance
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ON THE surface, golf seems a world apart from financial markets. Not to stereotype, but many finance professionals enjoy a game of golf, and it’s not hard to tell why. There are striking parallels that offer invaluable lessons for anyone building lasting wealth.
The recent conclusion of the 153rd Open Championship, the oldest golf tournament in the world, on Jul 20 saw the final grouping consisting of world No 1 Scottie Scheffler against Li Haotong.
It is a rare occurrence to see a Chinese golfer at a major tournament. Scheffler won by an impressive healthy margin, but what was more intriguing was that he went 32 holes bogey-free, demonstrating consistency and dominance under pressure. (For non-golfers, bogey-free means finishing all of those holes at par or better.)
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